ALAMANCE FOODS INC (NC) - 2020 PPP Loan Borrower Profile (# 9257227106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALAMANCE FOODS INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in North Carolina.

Loan Detail

Loan Number

9257227106

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$3,253,300

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$2,454,721.91

Date Loan was Forgiven

Jun 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

3,253,300

Lender

Fifth Third Bank

Business Detail

Business Type

Corporation

NAICS

311412

Borrower Location

BURLINGTON, NC

Project Location

BURLINGTON, NC

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

199

Business Age Description

Existing or more than 2 years old

Data Source: SBA.